Organisation

Australian Transaction Reports and Analysis Centre (AUSTRAC)

Person's affiliation
Acronym
AUSTRAC
Owning Institution
Description

The Australian Transaction Reports and Analysis Centre (AUSTRAC) is Australia's financial intelligence unit with regulatory responsibility for anti-money laundering and counter-terrorism financing.
AUSTRAC identifies threats and criminal abuse of our financial system, and acts to protect Australia's economy. 
AUSTRAC works in partnership with industry and with government agencies in Australia and overseas to
help keep Australia safe from financial crime
build and maintain trust in Australia's financial system as part of the global community.

Items authored

Fact sheet

6 Feb 2018

It is vital to understand the beneficial owners of your customers, so you can protect your business from being exploited for criminal gain. AUSTRAC has prepared this summary of your beneficial owner identification obligations, to help you comply and be confident of who you are...

Report

17 Nov 2017

AUSTRAC assessed the overall ML/TF risks associated with remittances sent through remittance providers from Australia to Pacific Island countries as low. This was based on the low level of criminality associated with these remittances and the generally low value of remittances being sent to support...

Report

28 Aug 2017

This risk assessment is aimed at improving the NPO sector’s own risk awareness and help NPOs to protect themselves from fraud and criminal activity.

Report

12 Jul 2017

Australia’s first risk assessment of the securities and derivatives sector has revealed how serious and organised criminals can, and have, exploited our financial system to engage in criminal activity.

Report

2 May 2017

This risk assessment contains detailed information to assist industry to understand the risks associated with stored value cards (SVCs) and how they can mitigate these risks.

Items published

Fact sheet

6 Feb 2018

It is vital to understand the beneficial owners of your customers, so you can protect your business from being exploited for criminal gain. AUSTRAC has prepared this summary of your beneficial owner identification obligations, to help you comply and be confident of who you are...

Report

17 Nov 2017

AUSTRAC assessed the overall ML/TF risks associated with remittances sent through remittance providers from Australia to Pacific Island countries as low. This was based on the low level of criminality associated with these remittances and the generally low value of remittances being sent to support...

Report

12 Jul 2017

Australia’s first risk assessment of the securities and derivatives sector has revealed how serious and organised criminals can, and have, exploited our financial system to engage in criminal activity.

Report

2 May 2017

This risk assessment contains detailed information to assist industry to understand the risks associated with stored value cards (SVCs) and how they can mitigate these risks.

Research report

31 Oct 2016

AUSTRAC identified higher than anticipated risks of fraud, cybercrime and terrorism financing in the superannuation sector, and has assessed the overall risk of ML/TF activity as medium. This report aims to develop awareness in the sector of these risks and help harden APRA-regulated superannuation funds...

Items authored

10

Items published/produced

9

Associated content